Mar 03, 2016 (LBO) – The cabinet nod has been given to construct an elevated highways network in Colombo to reduce the traffic congestion and to build the road connectivity suburbs and expressways.
It has been proposed to construct a road of 6.9 km long with 4 lanes from New Kelani Bridge to Rajagiriya.
It will be connected with the Outer Circular Highway in the second phase and the northern end will connect to the Katunayake Expressway.
It has also been decided to build an elevated highway of 5.8 km long at an estimated cost of 36 billion rupees, from New Kelani Bridge to Colombo Fort connecting the Colombo Fort area with the expressway network.
It will facilitate uninterrupted transportation of cargo and containers from Colombo and suburbs to Colombo fort and reduce the traffic congestion in Colombo urban area.
When land is requisitioned for these and other development projects, the payment of compensation to property owners should include opportunity costs, the cost of social capital lost, the cost of acquiring and developing an alternative property and the value of goodwill in agreeing to relocate…